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Profound Medical Corp. Announces Upsize of Private Placement

TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”) is pleased to announce that it has increased the size of its private placement previously announced on December 19, 2025 (the “Offering”) in order to accommodate participation by a long-term existing investor. The Company will now raise gross proceeds of up to US$6.45 million in the Offering, through the issuance of up to 921,428 common shares at a price of US$7.00 per common share. The common shares sold pursuant to the Offering will be subject to a hold period of four months plus one day from the closing date of the Offering. The closing of the Offering is expected to occur on or prior to December 30, 2025. The Company intends to use the net proceeds from the Offering for expansion of its sales and marketing,...

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ImmuCell Announces Strategic Focus on First Defense® After Receiving an FDA Incomplete Letter for Re-Tain®

PORTLAND, Maine, Dec. 24, 2025 (GLOBE NEWSWIRE) — ImmuCell Corporation (Nasdaq: ICCC) (“ImmuCell”), an animal health company that develops, manufactures and markets products that improve cattle health and productivity today announced that it received an Incomplete Letter from the United States Food and Drug Administration (FDA) on December 23, 2025 for its Re-Tain® New Animal Drug Application (NADA), and simultaneously that it is increasing its First Defense® field sales force by 50% and expanding its First Defense® manufacturing capabilities. In seeking FDA approval to bring its innovative Re-Tain® product to market, ImmuCell received Complete Letters from the FDA for four of the five Technical Sections required for NADA approval. It pursued a two-pronged manufacturing approach to reduce capital expenditure and limit technical...

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ERES Enters Into Agreement to Sell 88-Suite Property for €21 Million

TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today that it has entered into an agreement to sell an unencumbered 88-suite property in Schiedam, the Netherlands, for approximately €20.6 million, excluding transaction costs and other customary adjustments (the “Pending Disposition”). Subject to the satisfaction of closing conditions, completion of the Pending Disposition is anticipated in March 2026, with net proceeds intended to be used for general trust purposes. There can be no assurance that all requirements for closing of the Pending Disposition will be obtained, satisfied or waived. “As a follow on to our last update, we’ve been pursuing a series of select individual asset sales that will best position our remaining portfolio for a...

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Hampton Agrees to Issue Shares for Debt

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV: HFC) announces that it has reached agreements to settle all obligations under Hampton debentures in the aggregate principal amount of $4 million, and to settle a quarterly interest payment under Hampton debentures in the aggregate principal amount of $5.2 million, in exchange for the issuance to the debenture holders of subordinate voting shares of Hampton at the deemed price of $0.40 per share. Hampton expects that the debt settlement transactions will close on or before December 31, 2025 and would result in the issuance of an aggregate of 10,528,141 subordinate voting shares to the debenture holders. The transactions are subject to the...

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Copper Road Announces Closing of First Tranche of Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) — Copper Road Resources Inc. (TSX-V: CRD) (“Copper Road Resources” or the “Company“) is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement (the “Offering”) consisting of the sale of 9,952,447 flow-through units ( the “FT Units”) at a price of $0.045 per FT Unit and 2,435,000 hard-dollar units (the “Units”) at a price of $0.04 per Unit for aggregate gross proceeds of $545,260. Each Unit consists of one common share of the Company and one common share purchase warrant (each, a “Warrant”). Each FT Unit consists of one common share and one Warrant of the Company each to be issued as a “flow-through...

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Heading into the Christmas Holiday, Rates Dip Lower

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 12/24/2025MCLEAN, Va., Dec. 24, 2025 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.18%. “The average 30-year fixed-rate mortgage decreased further this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Declining rates offer a timely and welcome gift for aspiring homebuyers.”   News FactsThe 30-year FRM averaged 6.18% as of December 24, 2025, down from last week when it averaged 6.21%. A year ago at this time, the 30-year FRM averaged 6.85%. The 15-year FRM averaged 5.50%, up from last week when it averaged 5.47%. A year ago at this time, the 15-year FRM averaged 6.00%.The PMMS® is focused on conventional, conforming,...

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WORK Medical Technology Group LTD Announces 1-for-100 Reverse Stock Split Effective December 29, 2025

Hangzhou, China, Dec. 24, 2025 (GLOBE NEWSWIRE) — WORK Medical Technology Group LTD (Nasdaq: WOK) (“WORK Medical” or the “Company”), a supplier of medical devices in China, through its subsidiary, Work (Hangzhou) Medical Treatment Equipment Co., Ltd. and its subsidiaries in China, today announced that it will effect a reverse stock split of its ordinary shares on a 1-for-100 basis (the “Reverse Stock Split”). The Company’s Class A ordinary shares will begin trading on a post-split basis when the market opens on December 29, 2025. The Company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “WOK,” with a new CUSIP number G9767H125. The Reverse Stock Split has been approved by the Company’s shareholders and the Company’s board of directors, and is being effectuated primarily to maintain...

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Caldwell U.S. Dividend Advantage Fund (the “Fund”) Correction of Record Date for the December 2025 Special Distribution on its ETF Series

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”), issued a news release on December 23, 2025 announcing a special distribution on the Fund’s ETF Series (the “Special Resolution”). In the news release, the record date for the Special Distribution was incorrectly described as December 19, 2025.  The correct record date for the Special Distribution should be December 24, 2025.  All other information in that news release remains unchanged. The table below shows the correct record date, payment date and payment amount of the Special Distribution of the Fund’s ETF Series.Record Date Payment Date Distribution per UnitDecember 24, 2025 December...

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Picard Medical Announces Up to $50 Million Senior Secured Debt Financing

TUCSON, Ariz., Dec. 24, 2025 (GLOBE NEWSWIRE) — Picard Medical, Inc. (NYSE American: PMI) (“Picard” or the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first total artificial heart approved by both the U.S. FDA and Health Canada, today announced that it has entered into a definitive agreement for a private placement financing of up to $50.0 million aggregate principal amount of senior secured notes due 2028 together with warrants to purchase common stock of the Company. WestPark Capital Inc. served as Sole Placement Agent. The Company expects to issue an initial $15.0 million principal amount of notes at closing with the option to fund up to an additional $35.0 million principal amount in one or more tranches subject to certain conditions. The notes will be senior secured obligations of the Company. The...

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Westhaven Announces Grant of Incentive Stock Options and Peterson Capital Engagement

VANCOUVER, British Columbia, Dec. 24, 2025 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V: WHN) (“Westhaven” or the “Company”) announces that, pursuant to the terms of the Company’s Stock Option Plan, Westhaven has granted 400,000 incentive stock options to an Officer of the Company. The options are exercisable at CDN$0.25 per share and can be exercised until December 23, 2030.  Following this grant of stock options there are 16,805,000 stock options outstanding, representing 6.9% of the Company’s issued and outstanding common shares. Investor Relations Agreement with Peterson Capital The Company is also announcing, effective January 1, 2026, it has entered into a consulting agreement (the “Agreement”) with Grignan Holdings Ltd. dba Peterson Capital (“Peterson Capital”) to provide investor relations services in compliance...

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